Future Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
JAPANESE YEN May 2021 (CME:6J.K21)
Strong Downtrend (-100) - 6J.K21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6J.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.K21
The long-term trend has been DOWN since Feb 22nd, 2021 at 0.009464
The intermediate-term trend has been DOWN since May 12th, 2021 at 0.009147
The short-term trend has been DOWN since May 12th, 2021 at 0.009177
Smart Scan Analysis for 6J.K21
Based on our trend formula, 6J.K21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).